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ECOM EXPRESS REPORT
Delhivery January-March operating revenue jumps 30%; net profit flat at Rs 72 croreDelhivery's operating revenue surged 30% in the January-March quarter. The express parcel business saw a significant volume increase. Howev...
Delhivery Q4 Results: Net profit flat at Rs 72.4 crore, revenue rises 30% YoYDelhivery reported a marginal 0.2% year-on-year decline in net profit for Q4FY26 to Rs 72.4 crore, despite a 30% revenue jump to Rs 2,850 c...
Shadowfax operating revenue up 74% YoY in Q4, posts net profit of Rs 56 croreNew-age logistics firm Shadowfax saw its operating revenue surge 74% year-on-year to Rs 1,237 crore in Q4FY26. The company achieved a net p...
Delhivery anticipates smooth routing of Ecom Express volumes into its network post acquisitionDelhivery will acquire rival Ecom Express for Rs 1,407 crore in what is among the biggest consolidation moves in the sector. The all-cash d...
Delhivery to acquire Ecom Express in a cut-price deal for Rs 1,407 crorePE firms Warburg Pincus, Partners Group, and British International Investment will fully exit their investments in Ecom Express through the...
Delhivery accuses Ecom Express of misleading numbers in its draft IPO papersEcom Express filed its draft papers with the capital markets regulator last month for an initial public offering of shares worth nearly Rs ...
Ecom Express secures board nod for Rs 2,600 crore IPOAccording to the company's internal documents accessed from the Registrar of Companies, Ecom Express is considering a fresh issue of up to ...
Ecom Express appoints new chief business officerThe logistics firm also got a new senior vice president of operations, process excellence and alternate channels in Abhinav Imandi, who was...
Ecom Express sets the ball rolling for Rs 3,000-crore IPOThird-party logistics firm Ecom Express is looking to list on the public markets to raise Rs 3,000 crore, two people aware of the developme...
Ecom Express sets the ball rolling for Rs 3,000-cr IPO"Ecom Express has initiated the process for the public issue, which includes both a fresh issue and an offer for sale from the existing inv...
Ecom Express targets $170 million via rights issueEcom Express plans a $170 million rights issue with existing investors. Revenue grew 20% in FY23 despite widening losses. The company postp...
Ajay Chitkara to join Ecom Express as MD & CEOChitkara, who currently serves as director & CEO of Bharti Airtel's enterprise arm, Airtel Business, will assume responsibilities at Ecom E...
Ecom Express revenue jumps 30% to cross Rs 2,127 crore, slips back into lossRevenue jumped 30% to Rs 2,127 crore in the 12-month period ended March 31. Expenses grew 40% to Rs 2,269 crore from Rs 1,613 crore in the ...
Why Ecom Express is trailing its rivals in the logistics industry’s game of thronesDespite losing ground, the company insists on focusing solely on third-party ecommerce logistics. Much of its business is concentrated with...
Ecom Express raises $39 million from existing investors as IPO plans stallThe company raised money from existing investors after it struggled to attract new ones. ET reported on July 1 that it was looking to raise...
Ecom Express closes $36 million funding round from CDCThe funding tap is open for a host of ventures looking to scale up game. Post the latest equity financing, its overall staff base will incr...
Ecom Express raises over Rs 100 crore from Peepul CapitalWith 3,000 employees, Ecom Express delivered nearly five million packages last year. This year, the company expects the volume to touch 20 ...